History shows Illinois politicians favor tax hikes over spending reform, and the Tollway and 2011 income tax battle offer examples of the dangers taxpayers face when politicians toy with a temporary tax hike.
Despite the massive size and scope of the project to widen the Tri-State, the Illinois Tollway board suggests new tolls and taxes won’t be needed – but history shows that promises related to tolls in Illinois haven’t held up in the past.
Illinois politicians are once again eyeing a “temporary” tax increase, and residents should be wary. History shows Illinois politicians favor tax hikes over spending reform, and the Tollway and 2011 income tax battle offer examples of the dangers taxpayers face when politicians toy with a temporary tax hike.
In the past two years, the Illinois Tollway Authority has filed lawsuits totaling $11 million against drivers who didn’t pay tolls – a fee that was originally sold to the public as “temporary.” When the Illinois Tollway was originally created in 1953, lawmakers used the revenue to pay for the original bonding needed to build...
Unfortunately for taxpayers, June was a groundbreaking month for corruption in Illinois. In June alone, there were reports of 85 corruption-related stories in the state. Some of the record-breaking highlights include the following: For the first time in 33 years, the Illinois Legislative Audit Commission exercised its subpoena powers in the issuance of a subpoena...
In completing our second month of the new “Illinois Corruption Watch” project, we are shocked at the volume of corruption stories being reported across the state. In just two months we have found reports of 101 different corruption-related stories; 45 in April and 56 in May. It’s no wonder Illinois citizens have by far the...
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.